Kentucky Private School | $20,000 Private School Surety Bond

Also known as: private school bond

Type of Bond

A Kentucky private school bond, also known as a private school surety bond, is a type of surety bond that may be required for private schools operating in the state of Kentucky. The purpose of a Kentucky private school bond is to provide financial protection to students, parents, and the state by ensuring that private schools comply with applicable laws, regulations, and contractual obligations. The bond serves as a guarantee that the bonded private school will fulfill its responsibilities in providing educational services, safeguarding student funds, and maintaining the necessary standards for operation. By obtaining this bond, the private school assures the Kentucky Department of Education and the public that it will operate in accordance with the requirements set forth by the state. The bond helps to ensure that the private school will fulfill its contractual obligations to students and parents, including the provision of quality education, appropriate facilities, and proper management of student tuition and fees. If the private school fails to meet its obligations, breaches its contracts, or engages in fraudulent or unethical practices, a claim can be made against the bond. If the claim is valid, the bond provides financial compensation to cover any resulting damages or losses suffered by students, parents, or other affected parties. The purpose of the Kentucky private school bond is to protect the interests of students and parents, maintain the integrity of the private school system, and promote accountability and compliance within the educational sector. It ensures that private schools uphold their responsibilities and provides a means of recourse for students and parents in case of any violations or failures by the school.


Program

The price you'll pay for your $20,000 Private School Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!

We provide all types of $20,000 Private School Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.


Application

The application process for a $20,000 Private School Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Private School Bond Application process.

The Kentucky Private School Bond amount is currently set at  $20,000.

Obligee Information

An obligee is the entity that is requiring you to have the Private School bond.

For your convenience you can view a sample copy of the Kentucky Private School Bond Form.

Obligee: Kentucky State Board Of Proprietary Education
Street: 911 Leawood Dr
State: Kentucky
Zip: 40602